10098 Campbell AVE Riverside, CA 92503
Active
$933,000
4 Units
4 Beds
4 Baths
1,260 Area(sq.ft.)
10,019 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 1,550 | $ 1,550 | $ 1,600 |
| Unit 2 | 1 | 1 | 1 | $ 1,503 | $ 1,503 | $ 1,600 | |
| Unit 3 | 1 | 1 | 1 | No | $ 1,590 | $ 1,590 | $ 1,600 |
| Unit 4 | 1 | 1 | 1 | $ 1,582 | $ 1,582 | $ 1,600 | |
| 4 | 4 | 4 | 4 | $ 6,225 | $ 6,225 | $ 6,400 |
| MLS #: | IV24175899MR |
| Days On Market: | 1 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 740 |
| Price per unit: | $ 233,250 |
| Year Built: | 1953 |
Property Details
Pride of ownership but priced like a fixer. Discover a lucrative opportunity with these four single-family detached homes, ideally positioned on a spacious corner lot with room to add an additional home perfect for future expansion and increased rental income. Each home offers a functional, modern design with an open-concept living area, a sleek kitchen, one bedroom, and a well-appointed bathroom featuring a tiled shower. Occupancy Details: Units 2, 3, and 5 are tenant-occupied; Unit 4 is available for showings. There is no Unit 1. Please do not disturb tenants. Investor Highlights: Professionally managed. Turnkey Condition: Remodeled in 2022, minimizing immediate maintenance needs. Income Flexibility: Maximize cash flow by renting all four homes, go owner-occupied utilizing a small down payment, or add additional units for added revenue. Utility Arrangements: Tenants pay for electricity, trash, and sewer, owner covers water and gas (gas limited to hot water heaters only). Scalable Investment: Tiny home community. This property is an outstanding investment, offering solid rental income today and substantial growth potential for the future.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 2,880 |
| Net Operating Income: | $ 71,820 |
| Actual Gross Rent: | $ 6,225 |
Structure
| Community Features: | Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | R1065 |
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Oven-Electric, Range |
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | None |
| Heating: | Combination |
| Fireplace Rooms: | None |
| Laundry: | None |
Exterior
| Pool: | No |
Detailed Map
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